Foods & Inns Ltd's Q3FY25 Quarterly Results

Result Summary

• Foods & Inns Ltd reported a 12.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 27.2%.
• Its expenses for the quarter were up by 17.8% QoQ and 31.2% YoY.
• The net profit decreased 92.9% QoQ and decreased 78.9% YoY.
• The earnings per share (EPS) of Foods & Inns Ltd stood at 0.1 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Foods & Inns Ltd is a prominent player in the food processing industry. The company primarily specializes in the production of processed and canned foods, catering to both domestic and international markets. Known for its high-quality offerings, Foods & Inns Ltd has a significant presence in the food export sector, which forms a vital part of its business strategy. The company’s product portfolio includes a range of processed fruits and vegetables, fruit purees, concentrates, and frozen foods, which are marketed under various brand names. While no specific recent developments are provided, the company operates in a dynamic industry characterized by evolving consumer preferences and regulatory landscapes.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Foods & Inns Ltd reported a total income of ₹192.75 crores. This figure represents a robust growth of 12.6% compared to the previous quarter (Q2FY25), where the total income was ₹171.15 crores. On a year-over-year basis, the company experienced a significant increase of 27.2% in total income, up from ₹151.53 crores in Q3FY24. This upward trajectory in revenue highlights the company’s ability to enhance its sales performance over both short and long-term periods. The growth in revenue can be attributed to various factors, such as market expansion, product innovation, or increased demand, although specific drivers are not detailed in the data provided.

Profitability

The profitability of Foods & Inns Ltd exhibited a contrasting trend in Q3FY25. The company’s profit before tax (PBT) for the quarter stood at ₹0.83 crores, marking a substantial decline of 89.9% from ₹8.22 crores recorded in Q2FY25. Year-over-year, the PBT showed a decrease of 84.2% from ₹5.24 crores in Q3FY24. The tax component for Q3FY25 was reported as ₹0.00 crores, a notable shift from a tax credit of ₹-3.02 crores in the previous quarter and a tax expense of ₹1.47 crores in the same quarter last year. Consequently, the profit after tax (PAT) for the quarter was ₹0.79 crores, experiencing a dramatic drop of 92.9% quarter-over-quarter and 78.9% from a year ago. Earnings per share (EPS) also mirrored this decline, standing at ₹0.10 compared to ₹1.50 in the previous quarter and ₹0.60 in the same quarter of the previous year.

Operating Metrics

The operating metrics of Foods & Inns Ltd reveal insights into its cost structure and efficiency. Total expenses for Q3FY25 were ₹191.91 crores, which increased by 17.8% from ₹162.93 crores in Q2FY25 and 31.2% from ₹146.30 crores in Q3FY24. This rise in expenses may reflect factors such as increased production costs, higher raw material prices, or expanded operational activities. Despite the increase in total income, the proportionate rise in expenses contributed to the reduced profitability figures for the quarter. The data does not specify other key operating metrics like production volumes or cost per unit, which could provide a more detailed understanding of operational performance. The financial ratios, such as P/E ratio, debt-to-equity ratio, and current ratio, are not calculable with the provided data, limiting further insight into the company's financial health and market valuation.